for
the Week 30.10.2017 to 03.11.2017
NIFTY
: 10323 (+176)
Nifty
traded in a range of 10125 to 10366 during last week and closed
nearer to the high of the range for the week at 10323. Market had
closed with a Positive outlook with a Gain 176 points (about 1.73%).
- The
short term trend too is Bullish. It is Bullish both for Medium and
Long term, However, Short term would become Bearish if Nifty comes
and closes below 10100
- 20
DMA, 50DMA, 100DMA and 200 DMA are placed at about 10082, 9720, 9889
and 9452 respectively and would act as Supports and Resistances.
- Nifty
continues to trade above the 200 DMA but below the 50 DMA and 50 DMA
has
come above 200 DMA (Golden Cross has come more than Seven months ago)
suggesting that the Long term outlook has become Bullish and Nifty
continues to trade above all the moving averages and hence can be
considered as Bullish .
Technical
Levels...
Breakout
level :10450 Breakdown level : 10200
Bullish
above 10400 with Resistance at 10475, 10550
Bearish
below 10250 with Supports at 10175, 10100.
Advice
for Traders...
Weekly
Open level is very important for the entire week. Long positions may
be considered as long as it maintains above the Weekly open level.
---------------------------------
Planetary
Position...
- Moon
would be transiting from Sathabhisham 2 Pada in Aquarius to Revathi 2nd
Pada in Aries.
- Sun
transits from Swathi 2 nd Pada in Libra to Swathi 4 th Pada in Libra.
- Mercury
transits in Visakha 2 nd Pada in Libra to Visakha 4 th Pada in
Scorpio.
- Venus
transits from Chitta 2 nd Pada in Virgo to Chitta 3 rd Pada in Libra.
- Mars
transits in Hastha 1 st Pada in Virgo.
- Saturn
transits in Moola 1 st Pada in Sagittarius and also moves in Aries
Navamsa.
- Jupiter
transits in Swathi 2 nd Pada in Libra and moves in Capricorn Navamsa.
- Rahu
and Ketu move to Capricorn and Cancer and in Leo and Aquarius
Navamsas,
During
the current week, Moon would be transiting from Sathabhisham to
Revathi Constellations between Aquarius and Pisces Raasis by Thursday
and would form a Range and if this range is crossed on Friday, it
would be Bullish and if the lower side of the range is broken, it
would become further Bearish.
---------------------------------
Closing Hour Better (for Monday)
Tithi
::Karteeka Sukla Dasami
Nakshatra
::Sathanhisham
Persons
born in Jyeshta, Aslesha and Revathi and those born in Pisces and
Cancer are advised to be alert in their dealings.
Sensitive
/ Trend change Timings : 12.59
Likely
Intraday Trend...
On
the basis of planetary position and aspects amongst planets, Market
is expected to open Subdued and remain Subdued from Opening till
about 2.30 PM and remain Better thereafter till about Close of the
day.
Astro
Technical Trading Strategy...
If
Nifty Fut. Trades below the Open/ATP level by about 9.30 AM , Short
Positions can be taken with suitable SL, and such positions can be
closed by about 2.00 PM. If Nifty fut trades Better above ATP by
about 2.45PM, Long Positions can be taken with suitable SL and such
positions can be closed byabout end of the day.
Technical
Levels...
Resistance
: 10365,10400 Support :10285,10250
------------------------------
Intraday trend given above is relative and based purely on the basis of planetary positions / aspects and needs to be understood and astrological portion given above should be considered together and applied for taking proper trading decisions.
Disclaimer :: Intraday trading is risky and Astro guidance is to be depending on intra day movements, to be applied depending on the real time market movement. Used as an additional tool in addition to technicals. Investment decisions made on the above analysis would be at your own risk and I take no responsibility for your decisions based on the above analysis.'
Trade only with stop loss..
Stay Disciplined for Successful Trading and Investing..
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